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  • APAC stocks traded negatively as the regional bourses took their cues from the weak performance stateside
  • European equity futures are indicative of a lower open; US equity futures remained subdued heading into a long weekend (ES -0.5%)
  • DXY extended on gains above the 104.00 level amid the higher yield environment; antipodeans lagged amid the risk aversion
  • US President Biden said he expects to be speaking with Chinese President Xi; Pentagon's...
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  • European bourses are firmer across the board, Euro Stoxx 50 +0.6%, in a continuation of APAC trade with fresh developments somewhat limited ex-earnings.
  • Stateside, futures are little changed overall ahead of data/Fed speak.
  • DXY has come under some modest pressure throughout the morning in what is more of a consolidation than any sustained bout of pressure, with peers modestly firmer.
  • GBP leads amid further reports of an impending N. Ireland...
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  • APAC stocks gained as the region took impetus from the US where participants digested a slew of data releases including stronger-than-expected retail sales.
  • European equity futures are indicative of a positive open with the Euro Stoxx 50 +0.4% after the cash market closed up 1.0% yesterday.
  • DXY is back on a 103 handle, EUR/USD lingers around the 1.07 mark and Cable has recovered from its brief move below 1.20.
  • Crude futures benefitted...
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  • European bourses ex-FTSE 100 are in the green though US futures remain lower after choppy APAC trade, ES -0.4% pre-data
  • DXY is benefitting from marked GBP pressure following UK CPI, with Cable sub-1.21 and the index holding around 103.50 though off 103.63 best
  • Gilts are significantly outpacing their European and US peers post-inflation, with pricing for a 25bp BoE hike in March moving below 70% vs 89% pre-release
  • Crude benchmarks are softer...
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  • APAC stocks were mostly lower following the choppy performance on Wall Street as markets digested sticky US inflation data and subsequent Fed commentary.
  • European equity futures are indicative of a softer open with the Euro Stoxx 50 -0.2% after the cash market closed up 0.1% yesterday.
  • DXY is a touch firmer and on a 103 handle, EUR/USD and GBP/USD are on 1.07 and 1.21 handles, antipodeans lag
  • Crude futures trickled lower with headwinds from...
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  • European bourses are modestly firmer, Euro Stoxx 50 +0.3%, in relatively limited newsflow following a mixed APAC with US futures in-fitting pre-CPI.
  • The DXY has been pushed modestly below 103.00 and resides at the lower-end of 102.90-103.26 parameters pre-CPI; GBP & EUR outperform, NZD lags.
  • Reports that the UK & EU could announce a customs deal within two-weeks to resolve the N. Ireland trading dispute
  • Core-EGBs/USTs are firmer but...
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  • APAC stocks eventually traded mixed with a slight positive bias following the firm handover from Wall St (S&P 500 +1.2%).
  • European equity futures are indicative of a flat open with the Euro Stoxx 50 Unch. after the cash market closed up 1.0% yesterday.
  • DXY sits in the low 103's, EUR/USD has reclaimed 1.07 JPY leads G10 FX, NZD narrowly lags.
  • UK and EU could announce a new customs deal within the next two weeks, according to The...
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  • European bourses are modestly firmer with US futures similar but slightly more contained ahead of Tuesday's CPI and the week's Fed speak.
  • USD is bid though peers, ex-JPY, are generally fairly contained overall; USD/JPY up to 132.76 as we await confirmation of Ueda's nomination.
  • EGBs have experienced a firm bounce with technicals and ECB speak perhaps factoring, USTs more contained with yields flat/mixed.
  • WTI March and Brent April futures are...
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  • APAC stocks began the week mostly subdued as geopolitical tensions lingered and with markets bracing for Tuesday's US CPI data.
  • US military shot down a fourth flying object due to its potential surveillance capabilities after it flew in proximity to sensitive military sites.
  • DXY is marginally firmer, EUR/USD is on a 1.06 handle, JPY lags peers ahead of BoJ Governor announcement.
  • European equity futures are indicative of a contained open with...
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  • MON: Swiss CPI (Jan), Japanese GDP (Q4), German Final CPI (Jan), Norwegian GDP (Q4), Eurogroup.
  • TUE: OPEC MOMR; New Zealand Inflation Forecasts (Q1), UK Jobs Report (Dec), US CPI (Jan), South Korean Revised Trade Balance (Jan), EZ Flash GDP (Q4).
  • WED: IEA OMR; UK Inflation (Jan), EZ Industrial Production (Dec), US Retail Sales (Jan), Japanese Trade Balance (Jan).
  • THU: Australian Jobs Report (Jan), US Philly Fed (Jan),...
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  • European bourses are under pressure, Euro Stoxx 50 -1.2%, in a continuation of APAC/US trade that was exacerbated by the latest geopolitical developments re. Romanian airspace.
  • Stateside, futures are directionally in-fitting with Europe given broader geopolitics-induced action though with marked NQ -1.0% underperformance as yields pick up globally.
  • JPY soared on reports that Ueda will be the gov'ts nomination for BoJ Governor, with USD/JPY dropping to 129.82 from...
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  • APAC stocks were mostly negative after the losses on Wall St where the major indices wiped out initial gains.
  • Chinese inflation data saw headline Y/Y CPI and PPI fall short of expectations.
  • European equity futures are indicative of a lower open with the Euro Stoxx 50 -0.6% after the cash market closed up 1.0% yesterday.
  • DXY is back on a 103 handle, EUR/USD and Cable sit on 1.07 and 1.21 handles respectively, antipodeans...
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  • European bourses are firmer across the board with the region benefitting from a heavy earnings docket, heavyweights including Siemens and AstraZeneca were particularly well received.
  • Stateside, futures are firmer across the board as the region recovers from Wednesday's Fed-speak-induced downside, NQ +1.2% modestly outperforms as yields ease.
  • DXY continues to pull back and is sub-103.00, with high-betas and cyclicals outperforming. SEK bolstered by a hawkish Riksbank...
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  • APAC stocks traded mixed after the losses in the US (SPX -1.11%) as participants focused on hawkish aspects of Fed rhetoric.
  • European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.4% after the cash market closed flat yesterday.
  • DXY is a touch softer but maintaining 103 status, antipodeans lead the majors, EUR/USD is attempting to recoup lost ground.
  • Bund futures were confined to a tight range overnight whilst price...
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  • European bourses are firmer across the board, Euro Stoxx 50 +0.7%, taking advantage of the Wall St. close and shrugging off indecisive APAC trade.
  • Stateside, futures are in modest negative territory paring some of the post-Powell upside ahead of key speakers incl. Fed's Williams.
  • The USD continues to ease post-Powell though the DXY has lifted comfortably above 103.00 after briefly matching Tuesday's 102.99 trough.
  • EGBs remain under pressure...
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  • APAC stocks were indecisive and failed to sustain the momentum from Wall St where US indices eventually closed at session highs post-Powell.
  • Fed Chair Powell noted that the disinflationary process has begun but also warned that the Fed will have to do more than what is priced in if jobs data continues to come in hot.
  • European equity futures are indicative of a higher open with the Euro Stoxx 50 +1.1% after the cash market closed up 0.1%...
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  • European bourses are modestly firmer, Euro Stoxx 50 +0.2%, after yesterday's pronounced pressure and ahead of key Central Bank speak.
  • Stateside, the picture is very similar to the above though the NQ +0.3% is the incremental outperformer with US yields ever so slightly softer.
  • DXY steady around 103.500 in advance of Fed chair Powell, Aussie boosted by hawkish RBA hike and guidance overnight
  • Core EGBs are softer, though off worst levels, with...
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  • APAC stocks eventually traded mixed after the weak lead from global counterparts as markets continued to ramp up hawkish Fed pricing.
  • RBA lifted the Cash Rate by 25bps to a fresh decade-high and signalled further rate increases ahead.
  • European equity futures are indicative of a contained open with the Euro Stoxx 50 +0.1% after the cash market closed down 1.2% yesterday.
  • DXY has held onto a bulk of recent gains, AUD outperforms post-RBA,...
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  • European bourses are lower across the board, Euro Stoxx 50 -1.5%, as Friday's post-NFP price action continues to reverberate with the NQ lagging.
  • DXY continues to climb as US yields rise across the curve, to the detriment of G10 peers.
  • Additionally, the JPY has been particularly hampered by since refuted reports that current BoJ Deputy Amamiya could be the gov'ts nominee for Governor
  • Core fixed income continues to fall with yields higher...
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  • APAC stocks began the week mostly on the back foot after last Friday’s losses in the US (S&P 500 -1.0%)
  • Reports suggest Japan’s government sounded out BoJ's Amamiya for the position of Governor; later refuted
  • European equity futures are indicative of a lower open with the Euro Stoxx 50 -0.7% after the cash market closed up 0.4% on Friday
  • DXY lingers around the 103 mark, JPY lags post-BoJ reporting, EUR/USD sits on a 1.07...
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  • MON: US Secretary of State Blinken to visit China (TBC), Australian Retail Sales (Q4), EZ Sentix Index (Feb), EZ Retail Sales (Dec), New Zealand National Day.
  • TUE: RBA Announcement, US Trade Balance (Dec), Canadian Trade Balance (Dec), EIA STEO.
  • WED: RBI Announcement, NBP Announcement, Banxico Announcement, BoC Minutes.
  • THU: Riksbank Announcement, EU Leaders' Summit on US Inflation Reduction Act.
  • FRI: EU...
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  • European bourses trade mostly lower, with little in terms of news flow since the cash open as participants look ahead to the US jobs number.
  • US tech giants see losses in the pre-market following earnings, AAPL -3.5%, AMZN -5.7%, GOOG -4.9%.
  • DXY has given up earlier gains after testing levels close to 102.00 before warning towards 101.50, EUR and GBP reside as the current outperform.
  • Bunds have been down to 138.56 for a 137 tick retracement...
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  • APAC stocks were mixed as participants digested the latest bout of central bank rate hikes and a slew of earnings releases; strong Chinese data failed to inspire.
  • Nasdaq 100 (-1.4%) futures pressured as tech giants Apple, Alphabet and Amazon all fell in extended trade post-earnings.
  • European equity futures are indicative of a marginally softer open with the Euro Stoxx 50 -0.1% after the cash market closed up 1.7% yesterday.
  • FX markets were...
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  • European bourses are benefitting from post-FOMC tailwinds with heavyweight earnings reports bolstering performance; US futures are more contained overall.
  • However, the NQ is the standout outperformer post-META, +19% pre-market.
  • The DXY has reclaimed and marginally extended above the 101.00 mark to a current 101.27 peak, after printing a fresh YTD trough at 100.81 post-Fed, to the modest detriment of peers.
  • USTs have seemingly paused for...
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  • FOMC hiked rates by 25bps as expected; noted that inflation has eased somewhat but remains elevated.
  • US stocks (S&P 500 +1.05%) and bonds rallied as the dollar tumbled in the aftermath of the FOMC.
  • European equity futures are indicative of a higher open with the Euro Stoxx 50 +0.7% after the cash market closed up 0.2% yesterday.
  • DXY remains pressured with the index on a 100 handle, EUR/USD is above 1.10 ahead of ECB, Cable lingers just...
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